Carnival eyes Philippine property
Under an agreement that is still subject to a due diligence review, Carnival Resource (CNE-V) can acquire a private company that holds rights to a mineral property in the San Fabian area of the Philip…
News
Liquidation increases
Metals prices showed signs of bottoming out early in the report period Nov. 6-10, but failure to break above key resistance levels brought more liquidation and short-selling on Nov. 9 and 10. Prices w…
Navigator arranges financing
Junior Navigator Exploration (NVR-V) has arranged a brokered private placement in order to finance exploration of its diamond properties in Ontario and the Northwest Territories.The financing consists…
Junior eyes nickel project
Having acquired five properties on Quebec’s North Shore, Ressources Appalaches (APP-M) plans to drill-test the ground for its nickel-cobalt-copper potential.Three of the properties are 90 km north of …
EVENTS (November 20, 2000)
Nov. 22-24 Northwest Territories 28th Annual Geoscience Forum — Organizer: N.W.T. Chamber of Mines, Yellowknife. Contact Jo Ann Tiemessen. Tel: (867) 873-5281. Fax: (867) 920-2145. E-mail: nwtmines@s…
DRC’s drilling tests resource below pit at Afton
Six months of drilling from the floor of the Afton open pit, 10 km west of Kamloops, B.C., has — predictably enough — delivered a substantial copper and precious metal resource to owner DRC Resource…
Exploration spending declines
Total spending allocated for worldwide exploration of nonferrous metals increased steadily from 1993 to 1997, when it peaked at an estimated US$5.2 billion, according to Halifax, N.S.-based Metals Eco…
Exchange Rates (November 20, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateNov. 14Nov. 13Nov. 10Nov. 9Nov. 8US$ in C$1.5446Holiday1.54551.54…
Canadian Stock Exchange Indices (November 20, 2000)
DateNov. 14Nov. 13Nov. 10Nov. 9Nov. 8HighLowTSE 3009265.299115.05…
Market awaits election outcome
Denver — The Dow Jones industrial average fell 271.12 points, or 2.5%, to 10,681.06 for the period ended Nov. 14, owing to uncertainty and confusion surrounding the U.S. presidential election.However…
Drilling resumes at Tambo Grande
Manhattan Minerals (MAN-T) has resumed drilling of the B-5 massive sulphide body at its Tambo Grande project in northern Peru.The program will determine the extent of a high-grade copper zone discover…
Cross Lake active near Timmins
Vancouver-based Cross Lake Minerals (CRN-V) is carrying out soil sampling at its Sheraton zinc-silver property, in Timmins, Ont.The program follows the recent discovery of several geophysical anomalie…